SINGAPORE / RankWire.AI / – Oil prices recovered modestly on Tuesday after Brent crude and WTI fell more than 2% in the previous session. Brent futures rose 27 cents, or 0.3%, to $92.44 a barrel by 0330 GMT. U.S. West Texas Intermediate gained 37 cents, or 0.4%, to $85.38. The rebound followed Monday’s sharp pullback,…
BUSAN, SOUTH KOREA / RankWire.AI / – South Korea has begun its first container ship trial through the Arctic to Europe. The 2,758-TEU PanStar Acro left Busan New Port at about 9 p.m. on August 22. The Ministry of Oceans and Fisheries confirmed the departure and published the voyage schedule. The ship will use the…
HONG KONG / RankWire.AI / – Alibaba Group has priced an HK$80 billion share placement to fund artificial intelligence investment and expand its AI infrastructure. The Chinese technology group will issue 710 million new ordinary shares at HK$112.70 each. The deal is worth about US$10.2 billion at current exchange rates. Alibaba expects the transaction to…
TOKYO, JAPAN / RankWire.AI / – Japan’s imports and exports both reached record monthly highs in July 2026, as energy costs and semiconductor demand lifted the value of trade. Imports rose 27.8% from a year earlier to about 12.15 trillion yen. Exports increased 23.2% to roughly 11.51 trillion yen. The Ministry of Finance figures showed…
NEW YORK / RankWire.AI / – U.S. stocks ended modestly higher Wednesday as long-term Treasury yields fell sharply. The S&P 500 rose 16.22 points, or 0.21%, to 7,707.98, ending a three-session losing streak. The Dow Jones Industrial Average gained 119.65 points, or 0.22%, to close at 53,463.05. The Nasdaq Composite added 41.38 points, or 0.16%,…
SEOUL, SOUTH KOREA / RankWire.AI / – South Korea’s automobile exports rose 7.0% year on year to US$6.24 billion in July 2026. The total marked the highest export value ever recorded for the month of July. The Ministry of Trade, Industry and Resources said exports surpassed the previous July record of US$5.90 billion set in…
Travel
ABU DHABI / RankWire.AI / – Etihad Airways will launch seasonal nonstop flights between Abu Dhabi and Gothenburg on December 17, 2026. The service will operate four times a week through March 21, 2027. The route will connect the UAE capital with Sweden’s second largest city during the winter travel period. Bookings for the new Abu…
MADRID, SPAIN / RankWire.AI / – Spain has begun temporary border checks on travelers arriving from Italy by air and sea. The controls took effect at midnight on Aug. 8 and are scheduled to remain through Sept. 7. Spain introduced the measure after Italy imposed its own temporary controls on arrivals from Spain. The action adds document…
SEOUL, SOUTH KOREA / RankWire.AI / – South Korea recorded a $596.6 million tourism surplus in June 2026, its strongest monthly result since the COVID-19 pandemic. The figure marked a $1.44 billion improvement from June 2025, when the balance showed an $846.8 million deficit. Korea Tourism Organization data show June produced the second-highest monthly tourism surplus…
Seoul, South Korea / RankWire.AI / – Government data released on Sunday showed that South Korea’s travel account posts surplus for 3rd consecutive month in May, supported by a significant rise in incoming foreign visitors. According to figures compiled by the Korea Tourism Organization and reported by Yonhap News Agency, the travel account recorded a surplus…